New York, NY -- (SBWIRE) -- 02/05/2021 -- Reports and Data has recently added a new report titled "Global Phthalate Plasticizers Market Forecasts to 2027" to its ever-expanding repository. The report provides extensive coverage of the Phthalate Plasticizers Market pertaining to market size, share, volume, trends, demands, and advancements in technology and products. The report also discusses in detail the lucrative business opportunities and assists the readers in making strategic investment plans. The report presents a comprehensive overview of the market along with a thorough analysis of the competitive landscape and the regional spread of the market.

Phthalates are a type of chemical substance used predominantly in the manufacture of flexible vinyl or polyvinyl chloride (PVC) and pliant. It is commonly used in numerous items in hospitals, households, industries, and automobiles. It is commonly used for the softening of vinyl due to its reliability, longevity, and high efficiency. Factors such as the expansion of the industrial and transportation sectors and the growing demand for modular PVC stimulate the development of the industry.

The key players operating in the industry are

Exxonmobil, BASF SE, UPC Technology, Aekyung Petrochemical, NAN YA PLASTICS CORPORATION, Evonik Industries, Eastman, LG Chem, Shangdong Qilo Plasticizers and Shandong Hongxin Chemicals..

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Market Drivers

Development in North America is projected to raise demand for non-ortho-phthalate plasticizers, which would not only have a positive effect on the growth of the business but would also have a great effect on the overall growth of the industry. The growth of the High Phthalate type is propelled by the growing demand for PVC in different industries where it can be added to plasticizing PVC. While various drivers are pushing the growth of the industry, unfavorable economic forces such as tight federal regulations on the use of phthalate plasticizers and the production of eco-friendly plasticizers can decelerate the development of the sector.

The key players operating in the industry are

Exxonmobil, BASF SE, UPC Technology, Aekyung Petrochemical, NAN YA PLASTICS CORPORATION, Evonik Industries, Eastman, LG Chem, Shangdong Qilo Plasticizers and Shandong Hongxin Chemicals..

Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)

High phthalates
Low phthalates

End-user Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)

Automotive
Building and construction
Electrical and electronics
Medical
Paints & coatings
Adhesives & sealants
Packaging
Others

Application Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2027)

Wire & Cable
Flooring & Wall Coverings
Consumer Goods
Film & Sheet
Coated Fabric
Adhesives And Glues
Others

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Key Highlights from the Phthalate Plasticizers Market Report:

Comprehensive overview of the Phthalate Plasticizers Market along with detailed analysis of the current and emerging trends of the industry.
Detailed analysis of the competitive landscape of the market with company profile, product portfolio, and expansion strategies
Comprehensive assessment of the mergers and acquisitions, joint ventures, partnerships, and other collaborations
In-depth regional analysis to provide a detailed understanding of the market spread and competition in key regions of the market
Complete assessment of the risks, trends, demands, opportunities, and threats in the industry
Strategic recommendations to the new players and established countries to assist them in gaining a strong foothold in the market

Regional Landscape:

Regionally, Asia Pacific has been seen to dominate the market. The region's market growth is driven by the continued growth of the automobile sector in nations such as China and India, the growing construction sector, and a growing emphasis on infrastructural advances that sustain the market's growth in the area. Regional analysis covers:

North America
U.S
Europe
U.K
France
Asia Pacific
China
India
Japan
MEA
Latin America
Brazil

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